Brooks Rainwater Contributor Brooks Rainwater is the director of the Center for City Solutions and Applied Research at the National League of Cities. More posts by this contributor How the digital economy shapes American cities Do cities still want a sharing economy? The city of Austin is currently piloting a program in which its 2,000 homeless residents will be given a unique identifier that’s safely and securely recorded on the blockchain. This identifier will help individuals consolidate their records and seek out crucial services. Service providers will also be able to access the information. If successful, we’ll have a new, more efficient way to communicate and ensure that the right people are at the table to help the homeless. in Austin and around the country, it seems that blockchain technology is opening a range of opportunities for city service delivery and operations. At its core, blockchain is a secure, inalterable electronic register. Serving as a shared database or distributed ledger, it is located permanently online for anything represented digitally, such as rights, goods and property. Through enhanced trust, consensus and autonomy, blockchain brings widespread decentralization to transactions. At the municipal level, blockchain has the potential to create countless smart networks and grids, altering how… Read full this story
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